$639,000
SOLD APR 30, 2025

240 Franklin Ave Malverne, NY 11565

4 Beds
2.5 Baths
1,954 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

43% Above List Price

218 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • 1 Fireplace

About This Home

As of April 2025

Why rent when you can own this home in Malverne, NY for less. Will not last at this price. Property appears to be on a lot of approx. 10,000 sq. ft. Home has approx. 2,547 sq. ft. and was built approx. in 1949. Run do not walk to see this property. If you blink it will be SOLD. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property. Buyers to inspect prior to bidding. Additional Information: ParkingFeatures:2 Car Attached,

Last Agent to Sell the Property

Neven Spralja

REALHome Services & Solutions Brokerage Phone: 678-201-0475 License #10311209656 Listed on: 08/14/2024

Last Buyer's Agent

Lindsay Irizarry

Premium Group Realty Corp License #10401339886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,080

Year Built

  • Built in 1949

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,954 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Additional Features

  • 10,000 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2027-35-240-00-0046-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,080

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1949
  • Attribution Contact: 678-201-0475
  • Building Stories: 2
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 1954
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Other, Brick, Vinyl Siding
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, Garage

Utilities

  • Cooling: Multi Units
  • Heating: Other, Baseboard
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Area: 0.2296
  • Lot Size Sq Ft: 10000
  • Parcel Number: 2027-35-240-00-0046-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 11080
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Apr 24, 2025
Sold by
Deutsche Bank Trust Company Americas and Res Accredit Loans Inc Mtg Asset Backed
Bought by
240 Franklin Llc
Seller's Agent
Neven Spralja
REALHome Services & Solutions
Buyer's Agent
Lindsay Irizarry
Premium Group Realty Corp
List Price
$448,400
Sold Price
$639,000
Premium/Discount to List
$190,600
42.51%
Views
342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.85%
Original Mortgage
$647,500
Outstanding Balance
$646,353
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$167,417

Purchase Details

Closed on
May 27, 2024
Sold by
Garcia Georgina and Rojas Myriam
Bought by
Deutsche Bank Trust Company American and Accredit Loan Inc Mtg Asset Backed Pass

Purchase Details

Closed on
Jun 2, 2006
Sold by
Outten Jacqueline
Bought by
Garcia Georgina

Purchase Details

Closed on
Aug 19, 2003
Sold by
Fonts Ricardo
Bought by
Wilson Marsha

Purchase Details

Closed on
Apr 2, 2001
Sold by
Altano Fred T
Bought by
Fonts Ricardo

Purchase Details

Closed on
Oct 15, 1998
Sold by
Cannataro Esq Frank K and Luongo Domenica
Bought by
Discount Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
10.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 1998
Sold by
Discount Properties Inc
Bought by
Altano Fred T and Altano Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
10.74%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $639,000 Fidelity Natl Title Ins Co
Referees Deed $968,868 Prime Title Search Llc
Referees Deed $968,868 Prime Title Search Llc
Referees Deed $968,868 Prime Title Search Llc
Deed $515,000 --
Deed $515,000 --
Deed $440,000 --
Deed $440,000 --
Deed $375,000 --
Deed $375,000 --
Bargain Sale Deed $175,000 First American Title Ins Co
Bargain Sale Deed $175,000 First American Title Ins Co
Bargain Sale Deed $320,000 --
Bargain Sale Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $647,500 Construction
Previous Owner $246,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $639,000 +42.5% $327 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $448,400 0.0% $229 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $448,400 -33.8% $229 / Sq Ft
11/08/2024 11/08/24 For Sale $677,700 +6.1% $347 / Sq Ft
09/23/2024 09/23/24 Off Market $639,000 -- --
09/16/2024 09/16/24 Price Changed $677,700 -4.7% $347 / Sq Ft
08/30/2024 08/30/24 For Sale $711,300 +11.3% $364 / Sq Ft
08/21/2024 08/21/24 Off Market $639,000 -- --
08/14/2024 08/14/24 For Sale $711,300 -- $364 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,373 $595 $275 $320
2024 $1,373 $595 $275 $320
2023 $11,375 $595 $275 $320
2022 $11,375 $595 $275 $320
2021 $17,528 $569 $263 $306
2020 $13,543 $1,121 $612 $509
2019 $14,734 $1,121 $612 $509
2018 $13,908 $1,121 $0 $0
2017 $11,025 $1,121 $612 $509
2016 $12,645 $1,121 $612 $509
2015 $1,664 $1,121 $612 $509
2014 $1,664 $1,121 $612 $509
2013 $1,527 $1,121 $612 $509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6323148

OneKey® MLS

APN: 2027-35-240-00-0046-0